From Yahoo Finance: 2025-05-21 09:41:00

Lowe’s Companies, Inc. (NYSE:LOW) reported mixed results for the first quarter of fiscal 2025. The company posted adjusted earnings of $2.92 per share, beating the analyst consensus estimate of $2.89. Revenue for the quarter was down 2% year over year at $20.93 billion, missing the analyst consensus estimate of $20.94 billion. Comparable sales fell 1.7%, with gross margin expanding to 33.4%. Operating income declined to $2.49 billion, and operating margin narrowed to 11.9%. Lowe’s operated 1,750 stores as of May 2, 2025, totaling approximately 195.3 million square feet of retail selling space.

The company reported operating cash flow of $3.38 billion for the quarter, down from $4.26 billion a year earlier. Lowe’s reiterated its focus on disciplined capital allocation and paid a $645 million dividend this quarter. The company acknowledged tariffs as a potential risk factor but did not provide specific guidance on their impact. Lowe’s forecasts 2025 EPS of $12.15–$12.40 and total sales between $83.5 billion and $84.5 billion. The company expects an operating margin of 12.3% to 12.4% and plans to spend approximately $2.5 billion on capital expenditures. LOW shares are trading lower by 0.37% to $230.41 at last check Wednesday.



Read more at Yahoo Finance: Lowe’s CEO Calls Out Near-Term Housing Market Challenges But Holds The Line On Outlook